Insurance Australia Group (IAG), the country’s largest automobile and home insurer, is reportedly planning to buy a 25 stake in...
International & Reinsurance News
French billionaire financier, François Pinault, has always played hardball. So it isn’t too surprising to find him and his holding...
A.M. Best Co. announced that it has downgraded the financial strength rating to “A” (Excellent) from “A+” (Superior) of American...
In a separate bulletin Standard & Poor’s Ratings Services announced that it has placed its ‘A’ counterparty credit and insurer...
Guy Carpenter & Company, Inc., Marsh & McLennan’s risk and reinsurance specialist, has released an update to its 2004 report,...
Standard & Poor’s Ratings Services announced that it has removed from CreditWatch and affirmed its “A+” counterparty credit and financial...
Swiss-based Converium has issued a bulletin describing a successful January renewal season. It said it expects total gross premiums written...
The shareholders’ equity of many insurers and reinsurers is coming under greater pressure than anticipated as P/C losses from the...
A.M. Best Co. has downgraded the financial strength rating to A- (Excellent) from A (Excellent) and the issuer credit rating...
Swiss-based Zurich Financial Services (ZFS) reported strong financial results for 2004, tempered by increased loss reserves in the U.S. A.M....